2023-04-18T18:26:47-07:00 2022-12-31 990 2022-01-01 870254941 CREDIT UNIONS CHARTERED IN THE STATE OF UTAH CRED 8014893605 96 East Center Springville UT 84663 Steve Clayson President 8014893605 2023-04-18 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z PACIFIC HORIZON CREDIT UNION Steve Clayson 233 W Goosenest Dr Elk Ridge UT 84651 5619420 0 X www.pacifichorizoncu.com X 1954 UT Member-owned financial institution 5 0 24 8 0 0 0 0 4589422 5588976 78730 30444 0 0 4668152 5619420 0 0 2000 5495 918226 1005789 0 0 0 2643825 3436925 3564051 4448209 1104101 1171211 103178548 117594895 93518757 106763893 9659791 10831002 Member-owned financial institution 0 0 4448209 5619420 We are a credit union and we give reduced rates to our members for loans and a high return on member savings. 0 0 0 4448209 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1737 0 1 24 1 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 1 1 1 1 0 1 1 1 0 0 1 0 0 0 X Steve Clayson 8014893605 96 East Center Springville UT 84663 Steve Clayson CEO 45 0 X 114196 0 0 Craig Huff Board Chairman 0.5 0 X 0 0 0 Mike Davis Board Vice Chairman 0.5 0 X 0 0 0 John Gurley Board Secretary 0.5 0 X 0 0 0 Fred Trapnell Board Member 0.5 0 X 0 0 0 Jason Gwilliam Board Member 0.5 0 X 0 0 0 Whitney Hurst Supervisory Committee Chair 0.5 0 X 0 0 0 Stephanie Bushman Supervisory Committee Member 0.5 0 X 0 0 0 Richard Priego Supervisory Committee Member 0.5 0 X 0 0 0 114196 0 0 1 0 0 0 0 0 Member Loan Interest 522130 4500086 4500086 0 0 Member Fees & Charges 522130 241157 241157 0 0 Other Income 522130 847733 847733 0 0 0 0 0 0 5588976 30444 30444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5619420 5619420 0 0 0 0 0 5495 114196 0 650983 88161 81527 70922 0 15533 2220 0 0 0 5221 68208 490427 132469 0 126365 7110 0 13886 10592 0 338616 29568 Member Share Dividends 1041080 Loan Servicing Expenses 81020 Provision for Loan Loss 222000 VISA & Debit Card Processing Fees 731862 120748 4448209 0 0 0 458951 443861 12949728 9559921 0 0 200166 253981 1276946 1154501 0 0 84307646 101755020 0 0 83645 155504 5071416 2069596 2825583 3001820 0 0 0 0 0 0 0 0 1075883 1270287 103178548 117594895 -11666 -63029 0 0 0 0 0 0 0 0 0 0 0 0 0 0 93530423 106826922 93518757 106763893 X 0 0 0 0 9659791 10831002 9659791 10831002 103178548 117594895 1171211 0 0 0 0 0 X 0 1 X 1 0 0 713699 713699 0 2405622 996919 1408703 0 0 0 0 0 1952095 1072677 879418 0 0 0 0 3001820 0 Member Share Savings Accounts 57960132 Member Certificates of Deposit 48866790 106826922 Mike Davis Board Vice Chairman Mortgage X 315000 178550 0 1 1 John Gurley Board Secretary Auto/Mortgage X 406600 377477 0 1 1 Jason Gwilliam Board Member Mortgage/Auto X 411500 194239 0 1 1 Whitney Hurst Sup Comm Chair Auto X 107328 90641 0 1 1 Stephanie Bushman Sup Com Member Autos X 114214 67473 0 1 1 Richard Priego Sup Com Member Autos X 34529 4808 0 1 1 Craig Huff Board Chair Mortgage X 250000 241313 0 1 1 1154501 Form 990, Part VI, Section A, Line 6 We are a member-owned credit union. Our members make up our shareholders. Form 990, Part VI, Section A, Line 7a The members of the board of directors are elected by the membership of the credit union. An election is held at the credit union's Annual Meeting by ballot for any board member whose term has expired or to replace any board member who has left the board for any reason during the year. Nominations for candidates can be made from any member of the credit union and each candidate must be a member in good standing who can meet the requirements of the position. At least two officers of the credit union are required to count the ballots. Form 990, Part VI, Section A, Line 7b In the case of a voluntary merger with another financial institution, the board of directors must hold a meeting with the membership of the credit union to call for a vote concerning the merger. Form 990, Part VI, Section B, Line 11b The board of directors reviews and approves the completed Form 990 and all of the attached schedules before the documents are sent to the IRS. Form 990, Part VI, Section C, Line 19 Financial Statements are submitted quarterly to NCUA and are published on the NCUA's website for all credit unions. All governing documents and policies of the credit union are kept at the Springville office of the credit union and can be viewed upon request.